About Us

Over 50 Years of Vision & Growth

Founded in 1974 by Gerald V. Dicker, GVD Commercial Properties, Inc. is a US-based real estate development, investment, and management company with a history of success, perseverance, and innovation. Known for its ability to quickly analyze, fund, and close complex transactions, GVD has built a reputation for acquiring and developing under-utilized commercial properties for long-term investment/growth.

Exterior of the Steam Plant Restaurant and Downtown Spokane buildings

For over 50 years, GVD has been an innovator in the retail commercial real estate field. GVD pioneered in the development of “power centers” in the 1980’s, combining large promotional tenants like Costco, Home Depot, and IKEA with restaurants and smaller retail users. GVD was also one of the first to partner with community redevelopment agencies to revitalize outdated shopping centers and mixed-use projects, such as the 95-acre Plaza at Puente Hills and the 40-acre Fullerton Town Center, both in Southern California.

As GVD has evolved over the years, so has its portfolio. Today, GVD owns and operates a diverse range of properties, including shopping centers, hotels, restaurants, event centers and industrial developments across 18 states. GVD focuses on creating vibrant spaces that drive success.

Exterior shot of Montvale Hotel in Spokane, WA
Skyline view of Ruby River Hotel and Osprey Restaurant & Bar exterior in Spokane, WA

Many of GVD’s properties are owned debt-free, generating cash flow for reinvestment or for enhancing existing properties. This conservative financial approach, along with our strong cash position and limited reliance on financing, has allowed GVD Commercial Properties to weather recurring economic downturns. Today, our in-house team of skilled professionals in our Orange, California and Spokane, Washington offices continue to manage and grow our assets, ensuring our long-term success and growth.

Subsidiaries

Hotel Ruby, Ruby Hospitality, GVD Commercial Properties, Sapphire Lounge, and Rosie's Restaurant exterior commercial buildings

Ruby Hospitality

Our exclusive hospitality partner. Ruby Hospitality owns, develops, and operates a growing portfolio of hotels and restaurants throughout the Inland Northwest. From boutique hotels to thoughtfully branded dining concepts, Ruby Hospitality brings design-forward experiences, exceptional service, and long-term operational stability to each property. With a selective, hands-on approach, Ruby Hospitality is committed to sustainable growth in both lodging and food & beverage.

Farmhouse Kitchen + Bar by Prospectors Hideaway, Inc.

Prospectors Hideaway, Inc.

Prospectors Hideaway, Inc. is GVD Commercial’s hospitality partner for Northern Idaho. Specializing in the ownership, development, and management of boutique lodging and destination properties, Prospectors Hideaway brings a long-term, hands-on approach to hospitality in growing recreational markets.

With deep local knowledge and a focus on thoughtful design and sustainable operations, Prospectors Hideaway ensures each property reflects the character of its surroundings while delivering memorable guest experiences. Like our broader development philosophy, the goal is always quality over quantity—each project is carefully selected, personally managed, and built to last.

Get in Touch

Interested in leasing, investment partnerships, or learning more about our portfolio? We’d love to hear from you. Contact our team to get started — we’re here to help.

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